SOURCE: AudioEye, Inc.

AudioEye, Inc.

January 08, 2015 08:28 ET

Seasoned Communications and Technology Sales Veteran David Hess Joins AudioEye, Inc. as Executive Vice President of Sales and Marketing

TUCSON, AZ--(Marketwired - Jan 8, 2015) - AudioEye®, Inc. (OTCQB: AEYE), ("AudioEye") (the "Company"), creator of the Audio Internet® patented audio browsing and automated publishing technology platform, today announced that David Hess has joined the Company as Executive Vice President of Sales and Marketing. Mr. Hess, who will report directly to AudioEye's Chief Operating Officer, James Crawford, will be responsible for the pursuit of both direct and indirect sales opportunities utilizing the AudioEye software-as-a-service ("SaaS") platform.

"Having successfully built a solid technology platform as a global provider of assistive Internet services, we are now positioned to implement an aggressive expansion strategy, concentrating our resources on driving top-line growth," stated Nathaniel Bradley, Chief Executive Officer of AudioEye, Inc. "I am especially pleased to welcome David Hess, who brings to our Company tremendous sales, operational and financial experience within the telecom and technology industries. We look forward to leveraging his strong contacts and proven track record as we expand our reseller relationships with telecom companies, technology companies, cable companies and Internet service providers."

"I believe that AudioEye provides an excellent platform from which to build a national solutions provider," noted David Hess, the new Executive Vice President of Sales and Marketing at AudioEye, Inc. "We have taken the initial steps to prepare AudioEye for this anticipated growth by analyzing our product offering, gearing up to educate the market, and expanding the sales being generated from approximately 40 resellers and licensees that have over 500 sales representatives currently in place."

David Hess has more than 30 years of experience in the telecom and technology industries. Recently (2010 to 2012), he served as COO and CMO of KDDI Communications, during a period when the $400 million-plus revenue communications company was achieving record profits. In between, Mr. Hess built a successful consulting business as Chief Executive Officer of RKP Steering Group. From 2004 to 2006, Mr. Hess served as President and Chief Executive Officer of Rapid Link International, where he reorganized a $30 million business, returning it to EBITDA breakeven and negotiating the sale of the company. He served as President and Chief Executive Officer of Telia North America during a period (2001 to 2003) when annual revenue increased from $20 million to $65 million and net income rose from $1.2 million to $11.5 million. From 1998 to 2000, Mr. Hess was President and Chief Executive Officer of LDI/NETNET, where he reversed a $120 million annual loss rate in six months and increased sales from $22 million to $40 million. Additionally, he served as President and Chief Operating Officer of TotalTel Communications, Inc., where he increased revenue from $40 million to $140 million. Prior to his executive experience, Mr. Hess was a member of the senior sales management teams at MCI, United Telecom and Sprint. He earned a B.A. Degree in communications from Bowling Green State University.

About AudioEye, Inc.

Incorporated in Tucson, Arizona in 2005, AudioEye focuses on achieving Web access equality and usability for all people, through technological expertise and innovation.

The AudioEye Web A11Y Management Platform provides publishers full control over the accessibility of their web assets and web environments, allowing the publisher to recognize, remediate, and report its real-time accessibility status.

AudioEye is the creator of the world's first and only cloud-based cross-platform/cross-browser reader solution for accessible web browsing. AudioEye's flagship product presents site visitors with a screen-reader-like user experience and improves the "friendliness" of the web for all users, regardless of their unique abilities.

Whether an individual seeking improved access and usability or a publisher looking to ensure the highest level of compliance and reach across your electronic information technologies, AudioEye is Your Web Accessibility Ally.™

AudioEye's common stock trades on the OTCQB under the symbol "AEYE". Please visit www.audioeye.com for more information.

The Company maintains offices in Tucson, New York, Washington, DC and Atlanta.

Forward-Looking Statements 

This release includes forward-looking statements contained within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding AudioEye's expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions, are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond AudioEye's control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in AudioEye's Form 10-K and other report filings with the SEC. AudioEye is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • For further information, please contact:

    Nathaniel Bradley
    CEO
    AudioEye, Inc.
    (866) 331-5324

    or

    RJ Falkner & Company, Inc.
    Investor Relations Counsel
    (830) 693-4400
    Email Contact